(MENAFN) Following fluctuations in commodity markets, prices eased but remained volatile following the conclusion of Iran's military response to Israel over the weekend.
The price of Brent oil per barrel experienced a decline of approximately 0.85 percent, reaching USD89.7 compared to Friday's closing price. Last week, Brent oil reached the USD92.5 level, which marked a peak for the past six months.
Similarly, natural gas prices dropped by 0.85 percent, while heating oil saw a decrease of 0.89 percent over the same period as of GMT1015.
In contrast, the price of gold per ounce registered a gain of 0.33 percent, reaching USD2,351.4 compared to last week's closing price. Gold also achieved a historical high of USD2,430 during the previous week.
Silver prices experienced an increase of 1.82 percent, reaching USD28.35 after reaching USD29.6 last week.
Meanwhile, steel prices observed a slight decline of 0.12 percent, whereas copper prices rose by 0.75 percent.
In the agricultural sector, wheat prices saw a decrease of 1.13 percent, while soybeans experienced a slight decline of 0.21 percent. Conversely, rice prices saw an increase of 2.44 percent.
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